Category : Business News

BUSINESS / Business News - 2 months ago

BHS advisers' fees soar by £1m in six weeks

Professional advisers poring over the wreckage of BHS have racked up another £1m in fees in just six weeks, even as tens of thousands of pension scheme members face continuing uncertainty over future payouts. Sky News‎ has obtained a report compiled...

BUSINESS / Business News - 2 months ago

Car prices to start rising after pound slump

Car prices are set to start rising within weeks following the slump in the pound, the industry's trade body has warned. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT) told Sky News that customers would see incre...

BUSINESS / Business News - 2 months ago

Next warning sends chill through high street

Next's profits warning has sent a chill through the high street. Not only were its pre-Christmas sales worse than expected - the company itself had foreseen an improvement on its lacklustre showing in 2015 - but profits for the current financial yea...

BUSINESS / Business News - 2 months ago

FxPro shelves float ahead of FCA crackdown

One of the biggest privately owned currency trading brokers operating in the UK has shelved plans for a London stock market flotation amid a crackdown by regulators on financial spread-betting groups. Sky News has learnt that FxPro, a prominent play...